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The in-house consultant model: Supercharging your internal brand. Lorri F. Lennon ABC, Business Interconnexions Alvin Wong, Westpac Banking Corp. About the organisation. Major Asia-Pacific bank (Australia) 27,000+ employees Global assets of A$300 billion 850 branches
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The in-house consultant model:Supercharging your internal brand Lorri F. Lennon ABC, Business InterconnexionsAlvin Wong, Westpac Banking Corp
About the organisation • Major Asia-Pacific bank (Australia) • 27,000+ employees • Global assets of A$300 billion • 850 branches • No.1 in the global banking sector for Dow Jones Sustainability Index five years in a row • No.1 in Australia for corporate responsibility
Our story • Established in-house communications consultancy • Shared-services principles • No mandate for first two years • Grew from 1 to 60 consultants • Major impact on internal brand and business performance
What you’ll walk away with today • 12 key learnings • Architect • Practitioner • 6 super-charger tips
The genesis in 2000… Record profits, but growing public resentment
Internal brand melt-down Ineffective communication • Fragmentation • Inconsistent messages • Missed opportunities • Duplication of efforts • Lack of central strategy • Lack of integration
IC: a job, not a profession • Worked in isolation • No shared vision • No shared learnings • Inadequate measurement • Lacked professional development opportunities • Undermined by internal competitiveness • Paid inconsistently
Shared-services fundamentals ++ ## xx ** Organisation Organisation Shared Services Group B.U. xxxxxx B.U. ++ ## xx ** ++ ## xx ** ++ ## xx ** ++++++ Demand ###### B.U. B.U. B.U. Supply ++ ## xx ** ****** B.U. Business unit X = HR+ = Finance # = Procurement= Internal communications **
Our structure CEO Group Executive of People & Performance (HR) General Manager Stakeholder Communication Heads of Media Investor CSR Govt. Community Involvement IC In-house Consultancy
Five shared-services principles Supply Demand 1 $ 2 3 4 5
Key learning: demand-driven Demands made: • Tactics only • Newsletter, video, road-show What we needed to be effective: • Strategic approach • Business issues • Desired behaviours
Supercharging tip No. 1 • Guide and influence managers by: • Mapping out the bigger picture • Illustrating with best-practice tools (Williams, d’Aprix) • Building understanding by describing previous wins • Asking business-related questions
Key learning: fee for services Needed clarity of purpose • Why we exist • How we help the business “win” • How we add value • See things from others’ perspective • Business • Customers • Markets • Elevator pitch
Supercharging tip No. 2 Super-charge your own brand • How you add value • Collaborator • Integrator • Connector of dots • Devil’s advocate • Unleash your passion
Key learning: measurement • Use metrics to build your case • It’s a numbers game • Unique Selling Proposition • Link to managers’ KPIs • Link to key business goals
Supercharging tip No. 3 • Claim a key business metric; make it your focus • What keeps the C-suite awake at night • What you can most reasonably influence • Apply intent and focus • Relay these metrics to the client
Key learning: centre of excellence • Define “excellence” • In the context of your organisation’s culture • In the context of best-practice communications • IABC Accreditation • IABC Gold Quill • Recruit, reward and develop accordingly
Supercharging tip No. 4 • Target excellence • Instill unflinching standards • Stay true to the ideal • Build a solid reputation • Clients (trust) • Market (recruitment)
Key learning: cont. improvement • Formalise knowledge sharing • KPIs • Daily eBulletin • Monthly team meetings • R&R Awards • Half-yearly off-sites • Comms on the couch • Brainstorming • Post Implementation Reviews
Supercharging tip No. 5 Push the boundaries: organisation, team, self • Create and innovate • Take risks • Build alliances • Foster evolution not revolution
Corporate DNA: a potent approach The common thread linking all employees • Encodes and aggregates • Replicates core information • Distinguishes company’s brand essence • Provides guidelines for employee decision-making • Has a clear, easy-to-apply structure
Westpac’s DNA Vision Strategy How? Outcomes “To be a great Australasian Company” Differentiator: Superior Execution Core GroupObjectives 2006 Customer Focus A great place to work A superior customer experience 1st quartile shareholder returns A good corporate citizen • Our high performance culture: • Quality people • Effective processes • Values and mind-set • Increase employee commitment by at least 5% • Improve customer satisfaction by at least 5% • Deliver cash earnings growth of 7% to 9% • Leader in corporate responsibility Mission “To be the No 1 service organisation in the financial services industry by Sept 2007” Service Profit Chain Employee Customer Shareholder Employee Retention Internal Service Quality Superior Customer Experience Customer Loyalty Employee Commitment Customer Satisfaction Shareholder Value Values Teamwork Integrity Performance RevenueGrowth Profitability Employee Productivity ‘ask once’
Key learning: DNA Build brand potency • Aggregated format • Constancy • Context • Consistency • Unified consultancy team • Carriers of genetic code • Marry corporate communications and business unit-specific communications
Supercharging tip No. 6 • Synergistic power of consultancy and DNA • Structure: Form a coalition • DNA: Aggregation and format • Existing components
Improved business performance… Employee commitment Customer satisfaction Net profit 23% 35% Comparison: 2000 to 2005 61%
In summary: the tail end • Foster managers’ understanding of strategy • Super-charge your own brand • Lay claim to a key business metric • Target excellence • Push the boundaries • DNA your organisation
Questions? lorri@businessinterconnexions.com.au alvinwong@westpac.com.au